As a special service for B-Line Clients, we manage Electronic Bankruptcy Notification (EBN) to help creditors reduce the high cost of manually processing bankruptcy notices. Our automated, proprietary EBN platform is linked to the national Bankruptcy Notification Center for quick delivery of notifications and updates, including new filings, conversions, dismissals, discharges, and asset notices. Here’s how our EBN service lowers the time and costs of managing your bankruptcy notifications:
B-Line's EBN Process
We work with your technology team to understand your technical requirements, then implement the following steps:
The Benefits of EBN
Clients who use our EBN service benefit in seven important ways:
- Less risk of violating bankruptcy automatic stay by identifying the bankruptcy at an early stage
- Considerable reduction in bankruptcy handling costs due to our automated EBN process, which decreases mail volumes by 70-80 percent
- More accurate, up-to-date account information; automated verification of account data; and proactive collection of missing information
- Delivery of bankruptcy notifications within two or three days, instead of the week or more it takes for mail to travel from the Bankruptcy Notification Center
- Ability to convert 100 percent of bankruptcy notifications into an electronic format ready for use by your systems
- A scalable platform that easily handles fluctuating volumes of notices and your growth without increasing internal costs
- Experts at B-Line available to solve any problems or advise on any issue